EARLY FORD V-8 FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

EARLY FORD V-8 FOUNDATION INC

EIN 94-3152163 · Historical Organizations (A80)

What they do

THE ORGANIZATION EXISTS to COLLECT, PRESERVE, EXHIBIT and INTERPRET THE HISTORY and HERITAGE of THE PRODUCTS MANUFACTURED BY THE FORD MOTOR COMPANY BETWEEN 1932 and 1953. SINCE MOVING THE ORGANIZATION to INDIANA IN 2009 THEY HAVE CONTINUED to EXPAND NOT ONLY THE CAR COLLECTION BUT THE COLLECTION of PRINTED MATERIAL, FILMS and HISTORICAL INFORMATION ON THE FORD MOTOR COMPANY. THE ORIGINAL STRUCTURE WAS 8,000 SQ FT. WITH THE SIZE of THE COLLECTION EXPANDING to 37 - 40 CARS, THE ORGANIZATION IMPLEMENTED A PLAN BEGINNING IN JULY 2017 to EXPAND THE SIZE of THE BUILDING to ADD AN ADDITIONAL 25,000 SQ FT. THIS ADDITION WAS COMPLETED IN EARLY 2019 and INCLUDES 10,000 SQ FT WHICH is USED for A COLLECTION of EIGHTEEN 1936 FORD AUTOMOBILES. THE ADDITION INCLUDES A 1940 FORD SERVICE GARAGE REPLICA. A 1/4 SCALE REPLICA of THE FORD ROTUNDA AS FIRST DISPLAYED AT THE 1934 WORLDS FAIR IN CHICAGO is ALSO A HIGHLIGHT of THE ADDITION. IN 2023, THE ORGANIZATION COMPLETED COSTRUCTION and HAD A GRAND OPENIN

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

42.41%of revenue went to mission work78.6% of expenses · Program services

4.91%of revenue went to fundraising9.1% of expenses

$53.94spent for every $100 of revenueRevenue covered expenses this year.

6.63%of revenue went to management and office costs12.3% of expenses

$10.13in assets for every $1 spent this yearSome assets cannot be spent right away.

78.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $50,013 for JOSH CONRAD (TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,585,061

Mission workProgram services$672,18442.41% of revenue78.6% of expenses

ManagementOffice and general costs$105,0206.63% of revenue12.3% of expenses

FundraisingAsking for donations$77,8264.91% of revenue9.1% of expenses

Revenue left after expensesReported annual surplus$730,03146.06% of revenueShown in gray on the chart

Total expenses$855,03053.94% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 78.6% mission · 12.3% management · 9.1% fundraisingTotal expenses: 53.94% of revenue

2023Expense mix: 79.6% mission · 13.8% management · 6.6% fundraisingTotal expenses: 132.83% of revenue

2022Expense mix: 69.5% mission · 16.1% management · 14.4% fundraisingTotal expenses: 105.49% of revenue

2021Expense mix: 77.1% mission · 14.9% management · 8.0% fundraisingTotal expenses: 29.79% of revenue

2020Expense mix: 75.2% mission · 15.0% management · 9.8% fundraisingTotal expenses: 28.83% of revenue

2019Expense mix: 77.0% mission · 14.7% management · 8.3% fundraisingTotal expenses: 19.43% of revenue

2018Expense mix: 77.5% mission · 13.1% management · 9.4% fundraisingTotal expenses: 37.45% of revenue

2017Expense mix: 80.4% mission · 13.2% management · 6.4% fundraisingTotal expenses: 9.55% of revenue

Money in and money out

Revenue$1,585,061

Expenses$855,030

Annual surplus $730,031 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$672,184 · 78.6% of expenses

Management and office costs$105,020 · 12.3% of expenses

Fundraising$77,826 · 9.1% of expenses

See all reported dollar amounts

Revenue$1,585,061

Expenses$855,030

Assets$8,657,237

Income$1,758,741

Contributions$1,250,525

Mission work (program services)$672,184

Fundraising$77,826

Management and general$105,020

Executive compensation (total)$60,770

Accounting fees$13,888

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOSH CONRADTRUSTEE · 40 hrs/week $50,013

JOHN HOHAMEXECUTIVE DI · 40 hrs/week $21,635

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

JOSH CONRADTRUSTEE

JOHN HOHAMEXECUTIVE DI

BILL RANDOLPHTREASURER

CECIL POLANTRUSTEE

CRAIG FLOYDPRESIDENT

DANNY DRISKELLV-PRES

ERIC JONESTRUSTEE

GREG EATONTRUSTEE

GREG MARTINTRUSTEE

HENRY DOMINQUEZTRUSTEE

JEFF SUTTLETRUSTEE

MARC TJADENTRUSTEE

ROBERT RATHGABERTRUSTEE

SCOTT MACGREGORTRUSTEE

TOM JOHNSONTRUSTEE

TOM PENTYTRUSTEE

About this charity

Recognized since: January 1993
Location: PO BOX 284 2181 ROTUNDA DR, AUBURN, IN 46706
County: DeKalb
In care of: CRAIG FLOYD
Primary officer: CRAIG FLOYD, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@fordv8foundation.org Phone(260) 927-8022

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: THE SEIGEL GROUP LLC
NTEE classification: Historical Organizations (A80)
IRS tax category: Historical Organizations